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November 7, 2024

Founded nearly four years ago, OORT strives to be a leading decentralized AI cloud platform with a focus on building trustworthy AI. The company’s three core products—OORT Storage, OORT DataHub, and OORT Compute—create a comprehensive solution for AI developers. Serving over 8,000 customers, including industry leaders like Dow, Binance, and BNB Chain, OORT is positioning itself to lead the Web3 AI data labeling space with its DataHub product. Headquartered in Silicon Valley, OORT aims to drive transparency in AI, an increasingly critical factor for AI companies to earn user trust.

In our November Town Hall, OORT welcomed renowned X Space host Moonlight as co-host and moderator, along with Max Li, OORT’s CEO and founder, and Michael Robinson, chairman of the OORT Foundation. Together, they shared the latest updates from OORT’s developments over the past month and future plans.

OORT DataHub Commercial Launch 

After a successful beta with 1,000 whitelists, OORT is gearing up for the commercial launch of OORT DataHub. While slightly delayed due to customer support demands from Lenovo, the new release will introduce enhanced engagement features like a point system for logins, referrals, and task completions. OORT DataHub commercial will offer rewards beyond token earnings, including exclusive perks like branded merchandise, travel expenses, event invites, and a leaderboard-based monthly prize draw. These features aim to establish DataHub as a leading decentralized data-labeling solution, providing transparency and crypto-based incentives for global contributors.

OORT Wallet Rebranding

In response to community feedback, the team has rebranded the “Ale Wallet” to “OORT Wallet,” aligning all products under a unified brand identity and creating a seamless experience for users.

Insights from the Palo Alto AI x Web3 Summit

At this event, Dr. Li discussed the challenges AI companies face, such as the unsustainable costs of subscription models and the need for greater transparency. OORT’s decentralized platform, supported by blockchain technology, offers a solution by providing trusted, transparent data collection services, making it a valuable partner for AI companies looking to overcome these challenges. [Watch the full video here.]

Global Event Engagement 

The OORT team has actively participated in high-profile events, including the Cardano Summit and Binance Blockchain Week, to build partnerships and explore collaborations. 

The upcoming DataHub commercial launch will feature increased exposure through AMAs, panels, and community events, supported by market expansion efforts, including onboarding additional market makers and planning further listings in 2025. The team will also be present at DevCon, November 11-15, participating in panel discussions and hosting a breakfast event to engage with the community.

OORT Governance Platform Launch

OORT recently launched its governance platform to enhance transparency and enable active community participation in decision-making. In its beta phase, the platform allows members to vote on proposals and will soon allow users to submit their own for community consideration.

OORT Foundation Grants Initiative

OORT is prioritizing on-chain development and a thriving token economy around the Olympus protocol, with a $1 million fund earmarked for grants to support open-source projects that integrate the $OORT token. Target sectors include cross-chain solutions, DeFi, decentralized physical networks, and AI-driven analytics, with grants ranging from $5,000 to $40,000. The application process is designed for efficiency, aiming to support and incentivize community engagement in the OORT ecosystem.

Building an On-Chain Economy

OORT is committed to creating an on-chain, token-driven economy to support its ecosystem. The $OORT token provides access to various products and services, with efforts to increase on-chain activity through strategic partnerships, transactions, and fees. With recent integration into the BNB ecosystem and plans to expand market presence in 2025, OORT continues to build relationships, drive product launches, and foster community growth.

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